26 SEPTEMBER 1925, Page 34

Sin JOSIAH STAMP.

The Chairman expressed the great regret of the Board that they should be losing their distinguished official, Sir Josiah Stamp, though shareholders were glad to learn from him that the company will continue to have the benefit of his great knowledge, as Sir Josiah is to remain as a Director of the Board. There must be few instances, we think, of a Government permanent official having become so closely identified with our great industrial enterprises as has been the case with Sir Josiah Stamp. Whenever Sir Josiah takes up a new position it generally seems to be a question of some call on his services being retained by his former chiefs and colleagues. I believe I am right, for example, in stating that when Sir Josiah Stamp left the Inland Revenue Department for Nobel Industries his services as adviser were still retained by the Government, and we know that during the past few years he has served on such important Committees as the International Reparation Commission and the recent Coal Enquiry Committee. At the end of the present year he takes up the important post of President of the Executive of the

London Midland and Scottish Railway. A. W. K.